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$ 125,000
Est. payment /mo
Active
411 S James ST Ludington, MI 49431
1 Bath
4,820 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type BusinessandRealEstate
Listing Status Active
Purchase Type For Sale
Square Footage 4,820 sqft
Price per Sqft $25
MLS Listing ID 67025005618
Year Built 1910
Property Sub-Type BusinessandRealEstate
Property Description
PRIME LOCATION FOR THE DEVELOPMENT OF A COMBINED RESIDENTIAL/COMMERCIAL PROJECT IN DOWNTOWN LUDINGTON- The building is NOT salvageable, but the land it sits on is potentially ideal for the mixed use project of your choice. Funds for the demolition and removal of the building, as well as remediation of the soil beneath it, are available through EGLE(formerly DEQ) and the State of Michigan. Buyers would be responsible for paying upfront for a BEA(baseline environmental assessment) and the presentation of a development plan to qualify for state funding. The City of Ludington, EGLE and EPA are all highly motivated to work with qualified candidates to redevelop this prime location in downtown Ludington. Information regarding brownfield funding available through the link provided in AGENT REMAR
Location
State MI
County Mason
Area Area53082Ludington
Interior
Heating HotWater, NaturalGas
Exterior
Utilities Available ElectricityConnected, NaturalGasConnected, PhoneConnected
View Y/N No
Roof Type Rubber
Building
Foundation Block
Sewer PublicSewer
Water Public
Schools
School District Ludington
Others
Ownership LLC
Acceptable Financing Cash
Listing Terms Cash

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Listed by Tim Gibson of LIGHTHOUSE REALTY-Ludington

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